What is IDQ?
Id Quantique is a Swiss technology firm that develops and delivers advanced quantum-safe security and quantum detection solutions to protect communications and critical data. The company specialises in quantum key distribution, true random number generation, and photonic sensing products that enable secure networks and encryption resistant to emerging threats. Its innovations serve government organisations, research institutions and enterprises worldwide with tools for futureproof communication and scientific applications. By bridging the gap between theoretical quantum physics and practical cybersecurity, IDQ provides the essential infrastructure required to secure data against the next generation of cyber threats, positioning itself as a cornerstone of the modern digital security ecosystem.
How much funding has IDQ raised?
IDQ has raised a total of $74.6M across 3 funding rounds:
Unspecified
$5.6M
Private Equity
$4M
Unspecified
$65M
Unspecified (2013): $5.6M with participation from QWave Capital
Private Equity (2016): $4M led by SK Telecom
Unspecified (2018): $65M supported by SK Telecom
Key Investors in IDQ
QWave Capital
Quantum Wave Fund is a venture capital firm focused on seeking out early stage private companies with breakthrough quantum technology. Our mission is to help these companies capitalize on their opportunities and provide a platform for our investors to participate in the quantum technology wave.
SK Telecom
SK Telecom is a leading telecommunications company specializing in fixed and wireless services, artificial intelligence, and digital infrastructure, with a strong focus on 5G network innovation.
What's next for IDQ?
With the recent influx of capital, IDQ is well-positioned to accelerate its research and development initiatives, particularly in the scaling of quantum-safe networks. The company is expected to leverage this financial backing to expand its global footprint, focusing on the integration of its photonic sensing and encryption technologies into existing telecommunications infrastructure. As quantum computing threats evolve, IDQ's strategic roadmap likely includes deepening its partnerships with major telecommunications providers to deploy quantum-resistant protocols at scale, ensuring that critical data remains protected in an increasingly complex threat landscape. The firm remains a key player in the transition toward a quantum-secure internet.
See full IDQ company page